Among the many consequences of the coronavirus pandemic is the reminder that business has a societal as well as an economic purpose. As the scale of the pandemic rapidly unfolded, a spotlight shone on societal purpose, in particular the steps companies were able to take to help their communities cope with the crisis. Media Scrutiny…
Category Archives: GoodBlog
Having launched new governance principles for large private companies, listed businesses and most recently asset managers and owners, all of which come into effect this year, the Financial Reporting Council has also announced a major shake-up of its own remit. With the first reports under both the Wates Principles and the UK Corporate Governance Code…
Following a rocky period during the consultation, the OECD is confident that its plans for a global digital tax are back on track. Last month, the 137 countries participating in the talks agreed to “affirm their commitment to reach an agreement on a consensus-based solution by the end of 2020”. Since May 2019, the OECD…
As we edge into the new decade will the talk of fairer economies, better business, saving the planet and tech for good turn into action? 2020 has already been hailed as the decade of delivery and in many ways, it needs to be. These themes formed the basis for discussion at the 2020 Economic Forum…
It’s been a busy summer for the Information Commissioner’s Office (ICO) which has announced more than £280 million in fines for data protection breaches in July alone. The message is clear, the ICO intends to be a vigorous enforcer of the GDPR and the UK Data Protection Act 2018. Since GDPR came into force, 66…
The Department of Justice (DoJ) Criminal Division has issued updated guidance on how prosecutors should evaluate Corporate Compliance Programmes when there is the potential for bringing charges against a company or individuals, suspected of violating the Foreign Corrupt Practices Act. This new guidance is important because it provides clear pointers that should help all corporates…
When the Modern Slavery Act became law in March 2015 it was considered a landmark piece of legislation; the first of its kind in Europe and one of the first in the world to address modern slavery and human trafficking. Other countries soon followed suit, France introduced the Devoir de Vigilance in 2017, Australia passed…
Early reports on gender pay gap reporting for 2018 look somewhat disappointing…
Tough legislation introduced in France over the last two years has placed ethics and compliance issues at the forefront for French companies.